Plan Ledger DOL Form 5500 · updated monthly

Richey May & Co., LLP401(k)

THE GET RICHEY IF YOU MAY WITH OUR 401K PLAN · ENGLEWOOD, CO · plan year 2024

Reported admin expense ratio · 2024
0.21%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Richey May & Co., LLP reported $51,335 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $2,923 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.25% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 403rd-largest of 1,461 plans among Colorado employers on file, and the 4,502nd of 11,654 in professional & technical services. In 2024, employees put in $3.16 for every $1.00 the employer contributed; active participation has grown from 232 to 261 since 2022.

Plan summary
Net assets, end of year$26,947,795
Participants with balances350
Active participants261
Employer contributions$762,820
Employee contributions$2,411,362
Employer contribution per active participant$2,923
Average account balance$76,994
Benefits paid to participants$2,496,237
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.9M · 350 accts · $763K emplr
2023$21.7M · 325 accts · $703K emplr
2022$16.6M · 315 accts · $574K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,392
Investment management$13,943
Total administrative$51,335
The Richey May & Co., LLP 401(k) match · 2024
Employer contribution per active participant$2,923
Median for plans this size$2,416
2024$2,923 per active participant
2023$2,847 per active participant
2022$2,472 per active participant

Richey May & Co., LLP's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$37,392
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$13,943

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$51,335 · 0.21%
2023$46,717 · 0.24%
2022$43,378 · 0.25%
Same employer
Similar plansProfessional & Technical Services · Colorado
Samuel Engineering, Inc. CO$28.6M · 0.21%
Crossfit, LLC CO$27.6M · 0.01%
Insurance Technologies, LLC CO$27.1M · 0.24%
Quantum Metric Inc CO$26.7M · 0.46%
Nagrastar, LLC CO$26.6M · 0.15%
Flatirons Solutions, Inc. CO$25.6M · 0.15%
Contexture LLC CO$25.5M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710911208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.